Author Archives: Dr. Rodrigue Tremblay

Financial turmoil and increasing risks of a severe worldwide economic recession in 2016-17

The onset of 2016 has been most chaotic for global financial markets with, so far, a severe stock market correction. As a matter of fact, the first month of 2016 has witnessed the most severe drop in financial stocks ever, with the MSCI All-Country World Stock Index, which measures major developed and emerging stock markets, dropping more than 20 percent, as compared to early 2015. For sure, there will be oversold rallies in the coming weeks and months, but one can expect more trouble ahead. Continue reading

A confused situation as to Syria and ISIS

The chaotic situation in Syria, a country of 22 million, source of some 220,000 Syrian deaths and of between 6 to 8 million refugees fleeing to Europe, is most confusing. Continue reading

International Islamist terrorism: It’s more than a mere question of semantics

Early in January, it was widely reported that President Barack Obama’s staff had said that for him or his vice president not joining other heads of state in the largest rally in the history of Paris to protest the carnage done by Islamist terrorists in their attacks against journalists and against French Jews, had been a “mistake,” made by an “unnamed senior White House staff.” Continue reading

2015: A pivotal year for economic and financial crises and wars?

These days, militaristic neoconservatives, or neocons, have near complete control of the American government under the façade of whoever is president at the time. They direct U.S. policies at the State Department, at the Pentagon, at the U.S. Treasury and at the Fed central bank. They are thus in position to influence and frame American foreign policy, military policy, economic and financial policies and monetary policy. Continue reading

The vicious politico-religious Sunni-Shi’ite civil war that the U.S. has ignited in Iraq and in Syria

When the U.S. administration of George W. Bush (2001-2009) decided to illegally invade militarily the country of Iraq and overthrow the Sunni government of Saddam Hussein, against the advice of many thinking persons, it opened a “Pandora Box” of woes that is still spewing out its calamities today, and probably will for many years to come. This is the first and foremost cause of the current quagmire prevailing in Iraq and in Syria today. Continue reading

Bill Clinton’s three crucial neocon-inspired decisions that led to three major crises in our times

An eye-popping new book has alleged that U.S. President Bill Clinton had his White House phones tapped in real time, for the benefit of the Israeli government of Prime Minister Benjamin Netanyahu. The book also reveals how the Israeli prime minister could have used taped conversations of the American president regarding Mr. Clinton’s 1990s sexual scandal in the White House, to exert pressure on him to release from prison a convicted Israeli spy, Jonathan Pollard, who had been arrested in 1985, for espionage against the United States. In fact, the Israeli surveillance activities in the United States may be very widespread. Continue reading

The blundering Obama administration and its apparent incoherent foreign policy

Am I alone in having the uneasy feeling, while listening to Barack Obama’s speeches, that we are witnessing an actor playing the role of an American president and carefully reading the script he has been given? Continue reading

The Bush-Obama’s neocon foreign policy of isolating Russia and of expanding NATO is a dismal failure

The hazards associated with American foreign policy since the collapse of the Soviet Union in 1991 should appear obvious to all, because it is precisely this policy that has caused the crisis in Ukraine with all its negative consequences for the coming months and years. Continue reading

Attacks against Syria: Another illegal war based on manipulation and false pretenses?

The Syrian government of President Bashar al-Assad has categorically denied that it launched a poison chemical attack on August 21, 2013, against its own civilian population. Rather, it has pointed to Syrian rebels who are alleged to have recently carried out three such chemical weapon attacks against Syrian soldiers in the same area of the country. Continue reading

Surveillance, secrecy and control in the age of Big Brother

Some American presidents reveal their true character only during their second terms. Without the obligation to campaign for a re-election and with leaks of past misbehavior, the mask of pretense falls and the person’s true colors show. Then more inappropriate behavior and abuse of power follow and scandal tends to pile upon scandal. Continue reading

The real Obama is bent on killing innocent people with remote-controlled drones

When Barack Obama defeated Mitt Romney in the 2012 U.S. presidential election, there was hope that the newly reelected president would show his true colors during his second term, not having to run again and having nothing to lose by being himself. Continue reading

The Iraq war fiasco, ten years later

This month marks the 10th anniversary of the decision by the Bush-Cheney administration to invade the country of Iraq and initiate what can be called a war of choice. This is a good time to briefly look back at this unsavory historical episode. Continue reading

The U.S. Congress: From one crisis to another

One crisis averted, three to come! Indeed, that’s what can be said after the U.S. House of Representatives passed legislation on January 23, 2013, to suspend the government’s statutory borrowing limit for three months. Continue reading

The five pillars of the growing inequality in the U.S.

On November 6, 2012, American voters chose not to entrust their central government to ultra-conservative billionaires and their candidates, and they rejected their anti-government, low taxation and no regulation ideology. Continue reading

A four-more-years mandate for Barack Obama: A new opportunity

American voters must be congratulated for their democratic decision in this 2012 election for giving President Barack Obama a second chance, even if it was done within a close margin. Continue reading

Why are things crumbling around us . . . and could easily get worse?*

I believe that we live presently in what I would call a semi-civilized world; and I would like to demonstrate it. Continue reading

The corrupt influence of money in the American political system

The 2012 U.S. presidential election is the first one to be held under the new electoral financing rule decreed by a majority of five on the Roberts Supreme Court on January 21, 2010. With this fateful decision, the Roberts Supreme Court really changed the meaning of the Preamble of the U.S. Constitution that says, “We the People of the United States, in order to form a more perfect Union . . .” and decided on its own to change it for “We, the rich corporations of America . . .” Continue reading

Of candidates and negative campaigning

In current American politics, money and wars of aggression abroad seem to rule the day. When a candidate’s fortune turns sour, the natural reflex is to spend millions in negative ads to destroy adversaries and/or to issue hawkish policy statements with the promise to start new wars abroad and even to rekindle old ones. The motto seems to be that “If you destroy me with your negative ads; I will destroy you with mine.” This is truly amazing. Continue reading

The end of the Bush-Cheney disaster in Iraq

The Obama administration officially put an end to the Iraq war on Thursday December 15, 2011, close to nine years after the March 20, 2003, military invasion of Iraq, dubbed “shock-and-awe.” Continue reading

Financial black holes and economic stagnation: An explanation

Presently, one has the net impression that today’s governments, both in Europe and in the United States, have their fingers plugging the holes in the financial dike, but fear that that the entire dam could collapse in the not too distant future with dire economic consequences. Continue reading

The five macro crises of our times

Our world has become very complex and, as a consequence, it is increasingly open to macro crises of huge proportions. Continue reading

A few important causes of the decline of the United States of America

Around the world, many are baffled by what’s happening to the United States. It seems that all at once the wheels are going off the cart. The American economy is in the doldrums, the American political system is dysfunctional and paralyzed, and a series of elective, far away foreign wars is ruining the country. Continue reading

The aim should be to restore confidence and avoid a global economic depression

Financial markets show signs that they have lost confidence in politicians both in the U.S. and in Europe. They have reached the conclusion that those presently in charge are not on top of things, and that either they don’t understand the current economic problems their countries face or they lack the will or ability to bring forth the bold economic policies that would be required to solve them. Continue reading

Greece and the euro: A time of excessive and unproductive debt and of financial implosion

On the 4th of July, the credit agency Standard & Poor’s called the country of Greece for what it is, i.e. a country in de facto financial bankruptcy. No sleight of hand, no obfuscation, no debt reorganization and no “innovative” bailouts can hide the fact that the defective rules of the 17-member Eurozone have allowed some of its members to succumb to the siren calls of excessive and unproductive indebtedness, to be followed by a default on debt payments accompanied by crushingly higher borrowing costs. Continue reading

The danger of a Reform-Conservative majority government in Canada

There will a general election in Canada on Monday, May 2, 2011. After a little more than five years (since February 2006) of a disastrous Harper-Reform-Conservative coalition minority government that was finally defeated on a motion of contempt of Parliament, the overriding central issue during this election is whether Canadians really want to elect a Harper-Reform-Conservative majority government. Continue reading

For a better global civilization

This year in 2011, we will be 7 billion people sharing Planet Earth, most of the recent increase in world population originating in the developing world, as has been the case since 1950. We were 3 billion people in 1960 and we will be three times that in 2050, i.e. 9 billion people. That’s a lot of people who will have to learn how to live together, if they don’t want to perish together. Continue reading

The Fed’s policy of creating inflation: A massive wealth transfer

Let us begin with some macroeconomic indicators of reference. Continue reading